Orange Sky Golden Harvest Announces Major Property Disposal and Leaseback Agreement

Reuters

06/02

<a href="https://laohu8.com/S/FNCTF">Orange</a> Sky Golden Harvest Announces Major Property Disposal and Leaseback Agreement

Orange Sky Golden Harvest Entertainment Holdings Ltd. has announced a significant transaction involving the disposal of a property, known as "Yishun 10." The agreement, made on June 2, 2025, involves the sale of the property by an indirect wholly-owned subsidiary of the company. Additionally, a leaseback arrangement has been established, where the purchaser, Lion (Singapore) Pte. Limited, will lease the property to the vendor, Golden Village Multiplex Pte Ltd, for a term of 18 months starting from the completion date. This strategic move is pending approval by shareholders at an upcoming special general meeting $(SGM.AU)$, with potential for an additional purchase price adjustment should redevelopment approval be secured within 12 months post-completion. Shareholders and investors are advised to remain cautious as the transaction may or may not proceed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orange Sky Golden Harvest Entertainment Holdings Ltd. published the original content used to generate this news brief on June 02, 2025, and is solely responsible for the information contained therein.

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Additionally, a leaseback arrangement has been established, where the purchaser, Lion (Singapore) Pte. Limited, will lease the property to the vendor, Golden Village Multiplex Pte Ltd, for a term of 18 months starting from the completion date. This strategic move is pending approval by shareholders at an upcoming special general meeting <a href=\"https://laohu8.com/S/SGM.AU\">$(SGM.AU)$</a>, with potential for an additional purchase price adjustment should redevelopment approval be secured within 12 months post-completion. Shareholders and investors are advised to remain cautious as the transaction may or may not proceed.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Additionally, a leaseback arrangement has been established, where the purchaser, Lion (Singapore) Pte. Limited, will lease the property to the vendor, Golden Village Multiplex Pte Ltd, for a term of 18 months starting from the completion date. This strategic move is pending approval by shareholders at an upcoming special general meeting <a href=\"https://laohu8.com/S/SGM.AU\">$(SGM.AU)$</a>, with potential for an additional purchase price adjustment should redevelopment approval be secured within 12 months post-completion. Shareholders and investors are advised to remain cautious as the transaction may or may not proceed.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orange Sky Golden Harvest Entertainment Holdings Ltd. published the original content used to generate this news brief on June 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6512","symbol_name":"房地产股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nNDL216b9k:1","article_id":"2540799990","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540799990","pubTimestamp":1748874553,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Orange Sky Golden Harvest Entertainment Holdings Ltd. has announced a significant transaction involving the disposal of a property, known as \"Yishun 10.\" The agreement, made on June 2, 2025, involves the sale of the property by an indirect wholly-owned subsidiary of the company. Additionally, a leaseback arrangement has been established, where the purchaser, Lion  Pte. Limited, will lease the property to the vendor, Golden Village Multiplex Pte Ltd, for a term of 18 months starting from the completion date. This strategic move is pending approval by shareholders at an upcoming special general meeting , with potential for an additional purchase price adjustment should redevelopment approval be secured within 12 months post-completion. Shareholders and investors are advised to remain cautious as the transaction may or may not proceed.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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Limited, will lease the property to the vendor, Golden Village Multiplex Pte Ltd, for a term of 18 months starting from the completion date. This strategic move is pending approval by shareholders at an upcoming special general meeting $(SGM.AU)$, with potential for an additional purchase price adjustment should redevelopment approval be secured within 12 months post-completion. Shareholders and investors are advised to remain cautious as the transaction may or may not proceed.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orange Sky Golden Harvest Entertainment Holdings Ltd. published the original content used to generate this news brief on June 02, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}